Fonebox Retail IPO vs Megatherm Induction IPO

Comparison between Fonebox Retail IPO and Megatherm Induction IPO.

IPO Details

Fonebox Retail IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Megatherm Induction IPO is a SME Bookbuilding proposed to list at NSE SME.

	Fonebox Retail IPO	Megatherm Induction IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt.Ltd.	Hem Securities Ltd.
Registrar	Kfin Technologies Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Spread X Securities Pvt.Ltd.	Hem Finlease Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Fonebox Retail IPO is up to ₹19.35 Cr whereas the issue size of the Megatherm Induction IPO is up to ₹51.20 Cr. The final issue price of Fonebox Retail IPO is ₹70.00 per share and of Megatherm Induction IPO is ₹108.00 per share.

	Fonebox Retail IPO	Megatherm Induction IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹66.00 per share	₹100.00 per share
Issue Price (Upper)	₹70.00 per share	₹108.00 per share
Issue Price (Final)	₹70.00 per share	₹108.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	1200 shares
Fresh Issue Size	27,64,000 shares	47,41,200 shares
Fresh Issue Size (Amount)	up to ₹19.35 Cr	up to ₹51.20 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	27,64,000 shares	47,41,200 shares
Issue Size Total (Amount)	up to ₹19.35 Cr	up to ₹51.20 Cr

IPO Timetable

Fonebox Retail IPO opens on Jan 25, 2024, while Megatherm Induction IPO opens on Jan 29, 2024. The closing date of Fonebox Retail IPO and Megatherm Induction IPO is Jan 30, 2024, and Jan 31, 2024, respectively.

	Fonebox Retail IPO	Megatherm Induction IPO
Anchor Bid Date	Jan 24, 2024	Jan 25, 2024
Issue Open	Jan 25, 2024	Jan 29, 2024
Issue Close	Jan 30, 2024	Jan 31, 2024
Basis Of Allotment (Tentative)	Jan 31, 2024	Feb 01, 2024
Initiation of Refunds (Tentative)	Feb 01, 2024	Feb 02, 2024
Credit of Share (Tentative)	Feb 01, 2024	Feb 02, 2024
Listing date (Tentative)	Feb 02, 2024	Feb 05, 2024
Anchor Lockin End date 1	Mar 01, 2024	Mar 02, 2024
Anchor Lockin End date 2	Apr 30, 2024	May 01, 2024

Financials & KPIs

Fonebox Retail IPO P/E ratio is 32.18, as compared to Megatherm Induction IPO P/E ratio of 10.68.

Fonebox Retail IPO

Megatherm Induction IPO

Financials

Fonebox Retail Limited Financial Information (Restated)

Fonebox Retail Limited's revenue increased by 115.85% and profit after tax (PAT) rose by 1149.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,342.27	3,861.05	2,110.70	71.08
Total Income	14,022.98	19,626.09	9,092.33	9.92
Profit After Tax	155.19	159.86	12.79	-2.36
Net Worth	916.72	210.26	60.23	12.38
Reserves and Surplus	190.48	170.29	10.43	-2.36
Total Borrowing	506.57	1,058.22	584.26
Amount in ₹ Lakhs

Megatherm Induction Limited Financial Information (Restated)

Megatherm Induction Limited's revenue increased by 41.37% and profit after tax (PAT) rose by 1171.94% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	21,040.28	19,197.87	17,262.76	14,645.06
Total Income	14,732.31	26,643.84	18,846.92	10,927.03
Profit After Tax	759.34	1,400.41	110.10	309.12
Net Worth	5,821.98	5,062.64	3,662.23	3,512.13
Reserves and Surplus	4,437.11	4,139.39	2,738.98	2,598.88
Total Borrowing	4,480.46	4,282.04	4,038.80	4,327.04
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

98.92

Promoter Shareholding (Post-Issue)

71.64

72.71

P/E Ratio

32.18

10.68

Market Cap

₹71.82 Cr.

₹203.48 Cr.

ROE

118.20%

27.66%

ROCE

34.55%

27.47%

Debt/Equity

5.03

1.67

EPS

₹2.17

₹10.11

RoNW

76.15%

27.66%

Shares Offered

In the Fonebox Retail IPO Retail Individual Investors (RII) are offered 9,70,000 shares while in Megatherm Induction IPO retail investors are offered 9,70,000 shares. Qualified Institutional Buyers (QIB) are offered 5,52,000 shares in Fonebox Retail IPO and 9,48,000 shares in Megatherm Induction IPO.

	Fonebox Retail IPO	Megatherm Induction IPO
Anchor Investor Reserveration	8,26,000 shares	14,22,000 shares
Market Maker Reserveration	1,46,000 shares	2,50,800 shares
QIB	5,52,000 shares	9,48,000 shares
NII	4,16,000 shares	7,11,600 shares
RII	9,70,000 shares	16,59,600 shares
Employee
Others
Total	27,64,000 shares	47,41,200 shares

Bids Received (Subscription)

Fonebox Retail IPO subscribed 659.42x in total, whereas Megatherm Induction IPO subscribed 196.11x.

	Fonebox Retail IPO	Megatherm Induction IPO
QIB (times)	138.69x	105.14x
NII (times)	819.99x	307.04x
Big NII (times)
Small NII (times)
RII (times)	886.32x	200.51x
Employee (times)
Other (times)
Total (times)	659.42x	196.11x

Compare with others

Fonebox Retail IPO	Megatherm Induction IPO
Docmode Health Technologies IPO	Italian Edibles IPO
Harshdeep Hortico IPO	Gabriel Pet Straps IPO
Megatherm Induction IPO	Mayank Cattle Food IPO
DelaPlex IPO	Docmode Health Technologies IPO
Baweja Studios IPO	Harshdeep Hortico IPO
Brisk Technovision IPO	DelaPlex IPO
Qualitek Labs IPO	Baweja Studios IPO
Euphoria Infotech IPO	Fonebox Retail IPO
Konstelec Engineers IPO	Brisk Technovision IPO
Maxposure IPO	Qualitek Labs IPO